Due to low demand for new smartphones, the company is doing Palm are not going well. According to the company's financial reports, its quarterly and annual earnings were much lower than expected.
This news led to a significant drop in Palm shares, which immediately fell as much as 19 percent. For a company that has been balancing on the razor's edge for several years, this is very, very serious.
Revolutionary operating system Palm web OS, in which so much effort and money was invested, was not as well received by consumers as expected by the company. However, Palm does not lose optimism, arguing through the mouths of its representatives that it will simply take more time than originally planned. In the meantime, the company will invest more in advertising its devices in order to convey to the minds of users their superiority over smartphones from competitors.